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A&D Market Digest for Week of 1/29/24…operations in Arkansas and Mississippi In the past 45 days, A&D Mortgage has strategically entered six new states, Including Arkansas, Maine, Montana, Oklahoma, Kansas and Mississippi, a spokesperson told HousingWire….
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Now Allowing Short-Term Rental Income for DSCR Loans!A&D Mortgage is excited to announce that they are now accepting short-term rental income for debt service coverage ratio (DSCR) loans. This new policy allows mortgage brokers to gain access…
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Adjustable-Rate Mortgage (ARM)…a predetermined percentage, to the index rate to determine the new interest rate. The margin remains constant throughout the loan term. Rate adjustment: When the adjustment period ends, the lender…
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Credit Score…credit utilization, length of credit history, types of used credit, and new credit applications. These factors help evaluate how likely a borrower will repay their debts in a timely manner….
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A&D Market Digest for Week of 4/15/24…of new tools begins on April 15th! AIM leads the charge, followed by the Loyalty Program and CRM in mid-May. Stay tuned for more details! Looking for a suitable loan program?…
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Part 1: Understanding the Landscape of Foreign National Mortgage Clients…foreign country are as varied as their backgrounds. Some seek investment opportunities, others aspire to establish roots in a new country, and some are pursuing educational or work-related opportunities. Mortgage…
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Part 3: Tailoring Financial Solutions for Foreign National Mortgage Clients…they explore new career opportunities or engage in academic pursuits abroad. Mortgage brokers need to don the hat of a financial consultant, taking the time to truly understand each client’s…
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Thank You For Your Trust: Originator Choice Awards…held throughout the year, provided a platform for brokers to network, celebrate successes, and explore new opportunities. These events serve as a testament to our commitment to both business and…
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Warehouse Line of Credit…these funds to originate new mortgage loans. This includes the period from loan closing to the sale on the secondary market. After originating and closing the mortgage loans, lenders sell…